-The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad loans. Mumbai: Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from...
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When Civilisations Disagree -Yoginder K Alagh
-The Indian Express Government must be circumspect about Cauvery dispute resolution mechanism. The government has been wise in not pressing the panic button on the Cauvery. In fact, the concept of a Cauvery Board is a flawed one. Lawyers normally have a limited understanding of water issues. We have a lot of experience in India of tribunals delaying projects for decades. Some experts have suggested highly centralised systems of dispute resolution...
More »Southern comfort: India's global poverty rank improves -Suvojit Bagchi
-The Hindu Study says poverty levels fell from 55% to 21% in a decade, mainly due to the lowered burden in the southern States Kolkata: India’s Multidimensional Poverty (MDP) has dropped significantly, largely as a result of the performance of five key southern States. Between 2005-06 to 2015-16, poverty level came down from 55% to 21%, improving the country’s MDP ranking. Following the drop in poverty levels, India moved to the 26th...
More »Karnataka: Tradition to the rescue -Deepthi Sanjiv
-Bangalore Mirror In Hassan, Kalyanis are being rejuvenated to get water for the parched district When she saw that her district, Hassan, was listed among the 16 permanent drought-prone districts of the state by the Central drought study committee, writer and social worker Rupa Hassan was dismayed. Rupa, who hails from Mysuru and settled in Hassan post-marriage, could not fathom how a green district that has Sakaleshpur of the Western Ghats as...
More »Stop this jobs charade: on India's unemployment problem -Praveen Chakravarty & Jairam Ramesh
-The Hindu India must debate solutions to the employment problem, as a true democracy should and would In January this year, the Prime Minister made this statement: “7 million new jobs created in 2017”. The statement draws on false conclusions of a study by two economists. Here is another: “10-12 million young people join the workforce every year and 7 million new and formal jobs were created in 2017,” said the Minister of...
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